(EnergyAsia, March 23, Monday) — Philippine National Oil Company (PNOC) is shifting its investments towards developing renewable energy.The company is looking to build a 20-30 megawatt (MW) hydroelectric power plant on Luzon island, and undertaking feasibility studies for hydropower projects in Babuyan and Langogan in Palawan.It is also planning to invest in wind, geothermal, ocean…